Divorce and protecting inherited assets

Many married couples argue over money. A couple may struggle with debt, one spouse may disapprove of the other's spending habits or spouses may argue over how to invest their assets. Regardless of the actual argument, when money is involved, things can grow heated quickly.

In cases where a married couple chooses to divorce, fights over the division of money and assets can become extremely contentious. This is often especially true in cases where inherited assets are at stake. There are, however, steps an individual can take to protect inherited assets and help ensure those assets are retained in the event a couple divorces.

For many married couples, marriage is about sharing. However, when it comes to inheritance matters, an individual would be wise to be more strategic in how inherited assets are retained and shared. For example, depositing inherited assets into a shared bank account automatically negates an individual's claim to those assets should a couple subsequently divorce.

When it comes to inherited assets and divorce, an individual would be wise to retain inherited assets in a separate account under only their name. Likewise, in cases where inherited assets are used to purchase a home or car, it's wise to ensure that only his or her name appears on the title.

Including provisions related to inherited assets in a prenuptial or postnuptial agreement is another way to help ensure those assets are protected in a divorce. Additionally, documentation like a gift-tax return or copy of a check related to inherited assets may benefit a spouse in retaining inherited assets in a divorce.

Source: The Wall Street Journal, "How to Keep Your Inheritance in a Divorce," Neil Parmar, Nov. 9, 2014

No Comments

Leave a comment
Comment Information

We Can Help. Contact Us.

Tell us about your case. Bold labels are required.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy



We start with a proactive approach through mutual education.

Note book


We expect the unexpected, so we are always prepared.



Our attorneys not only look professional but we adhere to the Highest Professional Standard.

  • Experienced Attorneys
  • Prepped For Trial
  • Attacked With The Groshek Method
Why Hire Us Learn More

Groshek Law PA
302 N 10th Ave
Minneapolis, MN 55401

Phone: 612-426-7047
Minneapolis Law Office Map

Groshek Law PA

Call for a consultation

Non-interactive Map of Groshek's Minneapolis Law Firm